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Futures News on June 18: Recently, the price of hot-rolled coil has temporarily ended its downward trend, and the price has slightly increased. With the phased release of demand, market sentiment has slightly improved. In terms of market driving factors, it is mainly related to the macro situation. Recently, the overseas situation has been turbulent again, and crude oil futures have once reached the daily limit. The rise in crude oil has played a certain role in boosting commodities, and the hot-rolled coil market has become stronger. From the perspective of short-term market trends, the promotion of macro news has a certain time limit, and the supply and demand fundamentals are still bearish. It is expected that the price of hot-rolled coil may gradually fall after a small increase.The increase in the main contract of SC crude oil narrowed to 5.53%, and is now trading at 549.5 yuan per barrel.Japans Fujitsu has been awarded a contract to design its next-generation flagship supercomputer, Fugaku Next.1. The trading volume of WTI crude oil futures was 1,607,740 lots, a decrease of 236,789 lots from the previous trading day. The open interest was 1,939,366 lots, an increase of 14,923 lots from the previous trading day. 2. The trading volume of Brent crude oil futures was 338,804 lots, a decrease of 27,982 lots from the previous trading day. The open interest was 187,256 lots, an increase of 2,692 lots from the previous trading day. 3. The trading volume of natural gas futures was 488,011 lots, an increase of 25,304 lots from the previous trading day. The open interest was 1,530,374 lots, a decrease of 14,797 lots from the previous trading day.Both U.S. and Brent crude oil prices fell by 1% during the day and are now trading at $74.35 per barrel and $74.82 per barrel respectively.

Coinbase NFT Beta Goes Live With No Transaction Fees

Cameron Murphy

Apr 21, 2022 09:41


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NFT is now available to Coinbase users

Coinbase NFT, which is based on the Ethereum network, already has a number of NFT collections available, including Cool Cats and Doodles, both of which have a floor price of 19.99 ETH (61.2k) and 10 ETH (30.6k), respectively.


Because this is a beta, Coinbase has announced that they will not be charging transaction fees for a short time, but when they do, they will be in line with industry norms. 


"We're beginning with a select group of beta testers who'll be invited depending on their place on our waitlist," the release said. We'll begin at the top of the queue and gradually provide access to additional folks. Beta testers will be able to establish a Coinbase NFT profile and use any self-custody wallet to purchase and sell NFTs, whether it's Coinbase Wallet or something else."


Coinbase will also work to establish a strong NFT community on the platform itself, enabling users to remark on collections and starting a dialogue where artists and collectors can connect.


Drops, minting, token-gated communities, and the ability to purchase NFTs using a Coinbase account or a credit card will all be added to Coinbase NFT in the future. In the future, the marketplace will include support for additional blockchains, decentralizing the whole platform.

Not on the Charts, but on the Cards is Coinbase.

While the news is a significant step forward for the cryptocurrency exchange, the price of its token has not reflected this. Intraday pricing saw Coinbase trading at $147 at the time of writing, down 4.47 percent from its starting price of $154.


While there is still time until the market closes and if the story gains traction, prices may recover and even record gains, for the time being, Coinbase NFT has failed to impress stock market investors.

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